In 2018, the National Resource Network (NRN) and the City of Rockford partnered to develop a seven-year financial plan, which focused on improving the City’s fiscal sustainability and economic competitiveness. As part of this work, NRN and the City prepared a Neighborhood Revitalization Strategy. NRN is led, in part, by Enterprise Advisors.
“In 2017, our revenue projections were bleak for the future,” says Mayor Tom McNamara. “We knew we needed experts to come in and assess our community, our finances and our neighborhoods.”
Enterprise looked at the condition of physical property in each neighborhood, and used various data points, including vacant properties, foreclosures, code violations and homeownership rates, to describe the general conditions of the built environment and what tools/interventions could be used to address issues for each neighborhood. The City then used that data to prioritize funding for direct involvement in property improvement; for investing in key partnerships that would bring overall improvements; and for advocating for needed policy and funding changes that would help our community improve and maintain our properties. Enterprise also looked at different data points that would describe strong neighborhoods, middle neighborhoods and emerging neighborhoods to produce the original study.
From 2018 to 2023, the City invested in key initiatives to improve housing and reduce vacancies. The establishment of the Northern Illinois Land Bank and the transition of the Winnebago County Trustee to Region 1 Planning Council provided critical tools to address foreclosures and vacant properties. Creating a Community Development Financial Institution (CDFI) in partnership with Rockford Local Development Corporation (RLDC) and private financial institutions to help revitalize homes, boosting homeownership while reducing code violations. Additionally, the City funded emergency furnace, weatherization and home rehab programs, along with the Critical Home Repair Program, leading to significant property improvements and fewer code violations.
Late last year, Enterprise analyzed our neighborhoods again. This time, most neighborhoods ranked as strong, showing that in the last five years the City positioned our neighborhoods to be ready for new construction and growth in value. (https://storymaps.arcgis.com/stories/974adb9666084252a0b0cb4c24be7951)
Key results from the study include:
- Economic Growth: Property values increased by 56% since 2017 creating wealth for property owners, violent crime fell by 34%, and thousands of new jobs were created.
- Strategic Planning: Rockford partnered with the National Resource Network (NRN), Enterprise Advisors, and others to develop a data-driven multi-year financial plan and Neighborhood Revitalization Typology.
- Infrastructure & Investment: The city leveraged federal and state funds to execute major capital improvements and created financial incentives to attract new residents and businesses.
- Community Development: Initiatives like the Rockford Promise program provide free college tuition for eligible students, while housing programs encourage new development and home rehabilitation.
- Future Focus: Rockford plans to continue economic development, expand housing supply, and maintain affordability while ensuring sustained community engagement and safety improvements.
“I’m thrilled we are trending in the right direction based on strategic decisions and initiatives,” says Mayor McNamara. “The next step in the process is to implement our Housing Strategy Framework. It includes action items like building on the success of the Land Bank by advocating for more state resources, investing in new residential housing, increasing funding for the CDFI and using the vacant property ordinance to get more vacant commercial properties back on the tax roll.”
Due to this historic turnaround, Enterprise recently wrote an article about the City’s “improbable turnaround.” (https://www.enterprisecommunity.org/blog/improbable-turnaround)